Strategic shipyard deal: Mazagon Dock Shipbuilders to acquire controlling stake in Colombo Dockyard for .96 million; India eyes regional maritime edge – Times of India

Strategic shipyard deal: Mazagon Dock Shipbuilders to acquire controlling stake in Colombo Dockyard for $52.96 million; India eyes regional maritime edge – Times of India

State-run Mazagon Dock Shipbuilders Limited (MDL) has announced its first international acquisition, signing a deal worth up to $52.96 million to acquire a controlling stake in Sri Lanka’s Colombo Dockyard PLC (CDPLC). The strategic move is seen as a major step in expanding India’s maritime influence in the Indian Ocean Region amid China’s growing footprint.MDL,…

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2nd Test: Sri Lanka on verge of innings victory against Bangladesh in Colombo | Cricket News – Times of India

2nd Test: Sri Lanka on verge of innings victory against Bangladesh in Colombo | Cricket News – Times of India

Bangladesh’s Mushfiqur Rahim looks back after being bowled out during the third day of the second Test. (AP Photo) Sri Lanka are just four wickets away from wrapping up a comprehensive innings victory in the second Test against Bangladesh, after dominating all three days at the Sinhalese Sports Club, Colombo. At stumps on Day 3,…

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श्रीलंका मित्र विभूषण पुरस्कार से सम्मानित हुए पीएम मोदी, बोले- ये 140 करोड़ भारतीयों का सम्मान

श्रीलंका मित्र विभूषण पुरस्कार से सम्मानित हुए पीएम मोदी, बोले- ये 140 करोड़ भारतीयों का सम्मान

PM Modi Sri Lanka Visit: प्रधानमंत्री नरेंद्र मोदी  तीन दिवसीय यात्रा पर शुक्रवार (4 अप्रैल) की शाम को कोलंबो पहुंचे. जहां उनका विशेष स्वागत करने के लिए श्रीलंका के विदेश मंत्री विजिता हेराथ, स्वास्थ्य मंत्री नलिंदा जयतिस्सा और मत्स्य पालन मंत्री रामलिंगम चंद्रशेखर समेत पांच शीर्ष मंत्री हवाई अड्डे पर मौजूद थे. प्रधानमंत्री मोदी का…

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Adani pulls out of 3 million US loan deal for Colombo port – Times of India

Adani pulls out of $553 million US loan deal for Colombo port – Times of India

An entity majority-owned by embattled billionaire Gautam Adani, who was indicted in US courts last month, has pulled back from a loan pact valued at $553 million from the US International Development Finance Corporation, according to a company filing.“The project will be financed through the company’s internal accruals and capital management plan. We have withdrawn…

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